Companies Seek to Export U.S. Gas in Wake of Production Boom

By

Tennille Tracy

Aug. 12, 2011 11:36 a.m. ET

WASHINGTON—Several energy companies, aiming to take advantage of a dramatic increase in U.S. natural-gas production driven by recent drilling advances, are proposing to export the fuel to other countries where prices are two to three times higher than in the U.S.

At least three companies, including a consortium involving ConocoPhillips, are seeking permission from the U.S. government to build export terminals that would liquefy...